Persons entitled
- Congress Financial Corporation (Southern) ("Congress")
Amount secured
Any and all revolving loans, term loans, letter of credit accommodations and all other obligations, liabilities and indebtedness of every kind, nature and description owing by the borrowers to the chargee, including principal, interest, charges, fees, indemnities, costs and expenses, however evidenced, as principal, surety, endorser or guarantor arising under the agreement or any of the other financing agreements, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the agreement or after the commencement of any case or proceeding with respect to any borrower under the united states bankruptcy code oe any similar statute in any other jurisdiction (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case or proceeding and whether or not allowed in such case or proceeding), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by congress, but to the extent only however that such amounts represent obligations of the company and those of the other borrowers and obligors which are incorporated outside the united states of america
Short particulars
The "collateral": receivables, all other present and future general intangibles (including intellectual property and existing and future leasehold interests in equipment, real estate and fixtures) chattel paper, documents, instruments, investment property (including securities, whether certificated or uncertificated, securities accounts, security entitlements, commodity contracts or commodity accounts), letters of credit, bankers acceptances and guaranties, all present and future monies securities and other investment property, credit balances, deposits, deposit accounts and other property held at the date of the agreement including rights and remedies rights of stoppage in transit goods described in invoices documents contracts or instrumentsdeposits by and property of account debtors or other persons securing the obligations of account debtors, inventory, equipment, real property, records and all products and proceeds of the foregoing. See the mortgage charge document for full details.